BOJ’s Kuroda: Positive signs are seen for global economy, USD/JPY unfazed around 108.70

Dhwani Mehta FXStreet

Reuters is out with the latest comments from the Bank of Japan (BOJ) Governor Kuroda, as he speaks on the economy in Tokyo.

Key Quotes:

Overall 2020 outlook seems to be relatively bright.

Positive signs are seen for the global economy.

Kuroda’s comments fail to nudge the Yen markets, as USD/JPY continues to traverse around the 108.70 level, awaiting fresh direction from the FOMC rate decision. Also, in focus remains the US CPI data and trade developments.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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